3608 Oleander Dr, San Diego, CA 92106 (MLS # 260006868)

Price $2,800,000
Status Active
Beds 5
Baths 5 Baths
Home size 3,269 sqft
Lot Size 6,534 sqft
Days on Market 0
Experience elevated coastal living in this exceptional, 5-bedroom, 4.5-bath, 3,269 sqft home located in the highly coveted Loma Portal neighborhood of Point Loma. Take advantage of a rare opportunity to assume a 2.8% VA loan! Unlock additional income potential with the first-floor ensuite conversion into a separate ADU or in-law suite. Currently operating as a top-performing short-term rental generating $270K+ annually, this property has projected upside exceeding $300K+ through strategic amenity enhancements. Designed for luxury living through high-performance rental income, the home features an open-concept layout anchored by a grand staircase, a chef's kitchen with premium stainless steel appliances and a built-in Thermador espresso system, and fully integrated motorized blinds. Fleetwood floor-to-ceiling glass systems define the home, featuring a dramatic oversized pivot front entry and dual rear pocketing glass walls that fully retract to create seamless indoor-outdoor living. The private outdoor retreat includes a heated saltwater pool, recessed ceiling-mounted patio heaters, and multiple lounge and dining areas. Convert the expansive lower yard space for a mini pickleball court, further enhancing guest appeal and revenue potential. Energy-efficient features include solar panels integrated with a TPO roofing system and a 220V EV charging outlet in the attached two-car garage. Situated on a quiet cul-de-sac with views of SeaWorld fireworks, this home is just minutes from Liberty Station, Sunset Cliffs, San Diego's iconic beaches, waterfront dining, and downtown.
Property Type(s): Single Family
Last Updated 3/24/2026 Tract POINT LOMA
Year Built 1951 Community Coastal South
Garage Spaces 2.0 County San Diego

Additional Details

AIR Central Air, Electric, Zoned
AIR CONDITIONING Yes
APPLIANCES Built-In Range, Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Softener
AREA Coastal South
CONSTRUCTION Stucco
EXTERIOR Barbecue
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Fireplace(s), Forced Air, Passive Solar, Solar
INTERIOR Ceiling Fan(s)
LOT 6534 sq ft
LOT DESCRIPTION Cul-De-Sac
LOT DIMENSIONS 4,000-7,499 SF
PARKING Garage Door Opener, Garage
POOL DESCRIPTION Heated, Fenced, Pool Cover, Salt Water, In Ground, Gas Heat
SEWER Public Sewer
STORIES 2
STYLE Modern
SUBDIVISION POINT LOMA
UTILITIES Electricity Available, Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Valley
WATER Public
Listed with Daniel Grandfield, Broker

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Properties on this website was last updated as recently as 3/24/26 8:57 PM PDT.

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